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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w8216 |
来源ID | Working Paper 8216 |
The Silent Majority Fallacy of the Elzinga-Hogarty Criteria: A Critique and New Approach to Analyzing Hospital Mergers | |
Cory S. Capps; David Dranove; Shane Greenstein; Mark Satterthwaite | |
发表日期 | 2001-04-01 |
出版年 | 2001 |
语种 | 英语 |
摘要 | Elzinga/Hogarty inflow/outflow analysis is a mainstay of geographic market definition in antitrust analysis. For example, U.S. antitrust agencies lost several hospital merger challenges when evidence showed that a nontrivial fraction of local patients traveled outside the local community for care. We show that the existence of traveling consumers may not limit seller market power with respect to non-traveling consumers--a phenomenon we label the silent majority fallacy. We estimate a random coefficients logit model of hospital demand and use the estimates to predict the increase in price that various mergers would generate. Two distinct methods of predicting the price increase are implemented and both indicate that even in suburban areas with high outflows of consumers, some hospital mergers could lead to significant price increases. |
主题 | Industrial Organization ; Antitrust ; Health, Education, and Welfare ; Health |
URL | https://www.nber.org/papers/w8216 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/565814 |
推荐引用方式 GB/T 7714 | Cory S. Capps,David Dranove,Shane Greenstein,et al. The Silent Majority Fallacy of the Elzinga-Hogarty Criteria: A Critique and New Approach to Analyzing Hospital Mergers. 2001. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w8216.pdf(435KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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